🔴 BitMine Immersion Technologies is trading 4.1% down in pre-market as Ethereum falls

BitMine Immersion Technologies is trading 4.1% down at $21.33 in pre-market on October 15 as Ethereum weakness adds pressure.

• Ethereum is down 2.84% since the previous close, Bitcoin is down 1.24%, and the Nasdaq Composite is down 1.27% in pre-market.
• The October 14 selloff followed hotter-than-expected September CPI, reviving rate concerns and pressuring growth stocks.
• No clear new company-specific catalyst surfaced in pre-market; the latest ETH treasury update was announced earlier, not overnight.